"All human activities have three distinctive features: pattern, time and ratio - all of which observe the Fibonacci Summation Series" (R.N. Elliott - "Nature's Law - the Secret of the Universe" - 1946)

Friday, October 5, 2012

SPX - Confirmed uptrend

The index improves its situation and the trend remain bullish.
It's seems to occur a Cup with Handle pattern.
I changed my preferred scenario , raising one degree on 14 September top.
My first count , now, is for a complex x wave of minor degree in progress.
I'm waiting for a first top (minute x wave).
Have a great trading day...with care!

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